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RE: Weekly Update Diversification Protocol Week 20 - Multiple 0.81 - 51.9% Undervalued - Long Term Extremely Bullish - 100% In BTC - Living Off Gold

in #bitcoin7 years ago

Interesting strategy. But don't you think one should keep an eye on the global financial markets as another indicator for buying gold? I mean, we're due for another correction. And when it happens, we don't know what the effect on cryptocurrencies would be (it never happened before), but we do know the effect on gold!

What do you think?

We actually covered this a bit here: https://steemit.com/bitcoin/@ledger256/do-you-know-when-the-next-market-correction-is-of-course-you-don-t